Skip to content

CMS Energy CMS NorthStar Clean Energy — Operating Income (Loss)

Other segment segments

Gas Utility
$333M+7.1%
Electric Utility
$179M-11.4%

Similar metrics at other companies

Ivanhoe Electric logo
IEEnergy Storage — Operating Income (Loss)
-$625K+45.5%
Ormat Technologies logo
ORAEnergy Storage — Operating Income (Loss)
$12.76M+98.3%
Franklin Electric logo
FELEEnergy Systems — Operating Income (Loss)
$24.2M+10.5%
APA Corporation logo
APANorth Sea — Operating Income (Loss)
$18M-52.6%
Acacia Research logo
ACTGEnergy operations — Operating Income (Loss)
$5.32M+32.9%
Harley-Davidson logo
HOGNon-Financial Services Entities — Operating Income (Loss)
$18.93M-83.7%

Other financials

Income statement

See full
Revenue$2.7B+11.6%
Operating income$490.0M-0.8%
Net income$340.0M+11.8%
EPS (diluted)$1.10+8.9%

Balance sheet

See full
Cash & equivalents$263.0M-50.0%
Total debt$19.1B+12.7%
Total equity$9.5B+13.6%
Total assets$40.3B+11.0%

Cash flow

See full
Operating cash flow$705.0M-29.5%
CapEx$1.0B+17.0%
Free cash flow-$334.0M-398%

Valuation

See full
Market cap$23.63B+16.1%
Enterprise value$42.49B+13.5%
P/E21.4×+1.4×
P/S2.7×+0.1×

Profitability

See full
Operating margin19.5%-0.6pp
Net margin12.5%-0.6pp
FCF margin12.8%-8.1pp

Returns & leverage

See full
Return on equity12.4%-0.1pp
Debt / equity0.0×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by CMS Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: CMS Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about CMS Energy's northstar clean energy — operating income (loss).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is CMS Energy's northstar clean energy — operating income (loss)?
CMS Energy (CMS) reported northstar clean energy — operating income (loss) of -$20M in Q1 2026.
How has CMS Energy's northstar clean energy — operating income (loss) changed year-over-year?
CMS Energy's northstar clean energy — operating income (loss) decreased by 17.6% year-over-year, from -$17M to -$20M.
What is the long-term trend for CMS Energy's northstar clean energy — operating income (loss)?
Over 3 years (2022 to 2025), CMS Energy's northstar clean energy — operating income (loss) has grown at a 141.0% compound annual growth rate (CAGR), from $2M to -$28M.
What does northstar clean energy — operating income (loss) mean?
The profit or loss generated from core business activities after deducting all operating expenses from revenue. It excludes interest, taxes, and non-operating items, serving as a key measure of operational health.